Marginal economics textbooks typically cover the issues of, Ask an Expert

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Marginal economics textbooks typically cover the issues of market structure and cover perfect competition in some detail. However, perfect competition actually does not exist in pure form as the conditions are too restrictive for any industry to meet though some like raw agriculture products come close. Is there value in studying the structure for business managers? Why or why not?

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M91865297

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